It's tax time! How did you fare?

Discussion in 'General Discussion' started by Streck, Feb 26, 2006.

Page 3 of 3
  1. Aaron, Mar 2, 2006
    #41
    Aaron

    Aaron Master of Crystalocution Moderator Content Contributor

    Joined:
    Jul 1, 2002
    Posts:
    21,900
    News Credits:
    1
    Trophy Points:
    412
    Likes:
    +215
    Twitter:

    However as far as I understand it, you can only be refunded the amount that you paid. My fiance had around 6000 in education tax credits, however she only paid around 500 in taxes, so she only got 500 back from the Feds. It is either bad math, or bad English to get a refund greater than the amount paid.
     
  2. drippy, Mar 3, 2006
    #42
    drippy

    drippy Well-Known Member

    Joined:
    Jul 1, 2002
    Posts:
    2,654
    Trophy Points:
    257
    Likes:
    +20
    If your tax man is keeping track of cents, it's time to get a new tax man.
     
  3. Darth Fitch, Mar 3, 2006
    #43
    Darth Fitch

    Darth Fitch Herald of Golobulus

    Joined:
    Aug 30, 2002
    Posts:
    3,187
    Trophy Points:
    186
    Likes:
    +1
    Very very well, and neither Hasbro nor Takara will see $.01 of it. :rock 
     
  4. Tfgraveyard, Mar 3, 2006
    #44
    Tfgraveyard

    Tfgraveyard Not a Fan of the Fans

    Joined:
    Jul 2, 2002
    Posts:
    5,488
    News Credits:
    1
    Trophy Points:
    287
    Likes:
    +8
    I assure you, you can get back more then you paid. :) 

    The wife and I paid in roughly $4000 this year(about $500 more then we 'owe'), and we got back over $6000.

    I don't know how education tax credits work. I do know that for each kid you have, the feds give you $1000, no matter what you've paid in. :) 
     
Page 3 of 3